· Joachim Nagel Wiki · Deutsche Bundesbank WikiDigital euro - opportunities and risks
Read full speech on bis.org ↗ContextCFS-IMFS special lecture at Goethe University in Frankfurt; the Bundesbank is Germany's central bank within the euro system and weighs a possible digital euro.
Why it mattersNagel weighs public digital money against volatile tokens.
Problems raised
- Cross-border payments have shortcomings.
- Crypto and stablecoins pose risks.
- Europe needs a digital euro.
Solutions proposed
- Explore the digital euro's opportunities.
- Address cross-border payments.
- Avoid reliance on volatile crypto.